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Judge Rejects Media Giant Tribune's Bankruptcy Exit Plan
Tribune Co., the owner of the Los Angeles Times, Chicago Tribune and many other newspapers, suffered a legal defeat Monday night when a judge rejected its plan to end its three-year stay in bankruptcy.
Updated: 11/01/2011 06:14A
Surveying MF Global's Damage in Asia
MF Global Holdings' bankruptcy is sending shockwaves through global markets, but so far it looks like things are winding down in an orderly fashion in Asia. In Australia, where MF Global is the largest trader on the SFE derivatives
Updated: 11/01/2011 06:11A
WSJ on Corzine
An editorial in this morning's Wall Street Journal about Jon Corzine and the bankruptcy of MF Global asserts: "To prevent future bailouts on this side of the Atlantic, the key is to understand that big-bank CEOs can also be tempted to pull a Corzine.
Updated: 11/01/2011 06:08A
Ride Through for Chapter 7 Debtors May End California Ruling Affirms Debtor's
If the debtor then fails to follow through in a timely manner, the powerful automatic stay protection afforded under the Code is lifted and the lender is then free to exercise its rights under non-bankruptcy law, including the right to repossess or
Updated: 11/01/2011 06:05A
Green tech still withering in the 'Valley of Death'
Flywheel storage company Beacon Power filed for bankruptcy protection Sunday after running out of options to raise money and fund operations. "The current economic and political climate, the financing terms mandated by DOE, and Beacon's recent
Updated: 11/01/2011 06:04A
Wow, Jon Corzine -- Way To Fly Your Company Into A Mountain
Yesterday, 18 months after Jon Corzine took over the helm of MF Global with the goal of building it into a real investment bank, the company filed for bankruptcy. Because part of becoming a real investment bank, apparently, is betting the company.
Updated: 11/01/2011 05:58A
MF Global Fallout
FCM, investment bank, primary dealer, and wanna be Goldman MF Global (MF) declared bankruptcy Monday. As is typical with financial firms, the end came quickly. The firm's problems metastasized rapidly last week. Another quarterly loss, a ratings
Updated: 11/01/2011 05:53A
Winn-Dixie says it's gone from 'poor to solid'
By Drew Dixon It was good news mixed with lingering bad news for Winn-Dixie after the first-quarter fiscal report was issued Monday for the company that recently emerged from bankruptcy. Sales were up in the first quarter of the fiscal year,
Updated: 11/01/2011 05:51A
Eurozone crisis sinks Wall Street giant
US brokerage firm reveals $6.4bn of eurozone debt making it seventh-largest bankruptcy by assets in US history. The US brokerage firm MF Global has filed for bankruptcy protection after revealing $6.4bn of eurozone debt exposure.
Updated: 11/01/2011 05:51A
ETFs Buying Pushes BOJ Losses over $281.7 million; MF Files for Bankruptcy (MF
The purchasing are part of a 20 trillion yen Bank of Japan's strategy to encourage economic expansion and boost up investor confidence by acquiring securities like government debt, commercial paper as well as real estate investment trusts.
Updated: 11/01/2011 05:50A
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